Reassurance needed!

i can't offer too much advice as i also need all the help i can get :) but i can say that its gonna be ok. i really do think the only way to stop this maddness is by closing - or putting a hard block - on your account. that was the hardest part for me, to be honest.. closing the account. like i said, i can't really offer too much advice but it will be okay.

Ginurse, you are going to be just fine. We won't stand for anything less--and you will feel so much better with that monkey off your back!
What amazed me in my PDL days was going to a storefront one Saturday and seeing one of my hospital's nurse managers in line!! I don't know who was more embarrassed...
But like I said before, you are going to have to play hardball with the offshores, and we can help. Take care!

If any of your store front loans are members of the CFSA you have a right to evoke the EPP (extended payment plan). Have you looked into that, it might be an option to consider? To be honest with you, I wouldn't write a check to ANY payday loan companies from here on out, I wouldn't want them to have my account number, it would be strictly money orders.

Well I did it! I closed my checking account, gave my letter of revoking my wage assignment to my office manager and faxed and mailed my letter to Cash Transfer Centers. I am going to start working with Langhorne. My first payday loan will try to debit Friday. It is w/Cash Net. I also spoke with my store front lenders. They will work with me.

I am happy that you got to close your bank account. I do not think that anybody looks good in orange (lol). Are your payday loans storefronts or internet? Also, are payday loans legal in your state? If they are, pay the legal ones first then pay the other ones the orginial amount that you have borrowed. Also, send e-mail to the payday companies letting them know that they are no longer authorized to debit your account.

Wyoming State Information

Legal Status: Legal

Citation:
Wy. Stat. 40-14-362 et seq.

Loan Terms:
Maximum Loan Amount: Not Specified
Loan Term: 1 calendar month
Maximum Finance Rate and Fees: the greater of 20% or $30
Finance Charge for 14-day $100 loan: $30
apr for 14-day $100 loan: 780%

Debt Limits:
Maximum Number of Outstanding Loans at One Time: Not Specified
Rollovers Permitted: None (cannot repay, refinance or consolidate by proceeds of another check)
Cooling-off Period:
Repayment Plan:

Collection Limits:
Collection Fees:
Criminal Action: Prohibited (Prior to date on instrument)

Where to Complain, Get Information:
Regulator: Wyoming Division of Banking
Address: Uniform Consumer Credit Code, 122 West 25th Street Cheyenne WY 82002
Phone: (307) 777-7797
Fax: (307) 777-3555
Regulatory Contact: Joe Mulberry,, UCCC Supervisor

I have both internet and storefront. I am going to go thru Langhorne debt settlement to settle the internet loans. I have made arrangements with the storefronts.

It sounds like you are on your way to being pdl free good luck and congratulations.

Good luck and God Bless!

Good luck ginurse, it sounds like you are on your way!

:lol: Good luck it sounds as if everything is coming together, keep us posted.

Hi ginurse--can I ask how you made payment arrangements to your storefront loans? Did you talk to them before closing your account, or did you just wait until they called you to advise the check bounced?

DO Not pay more than you initially borrowed from those internet loans. They will take and take.

If the loans are legal in her state , she needs to pay what ever the legal rate is.

Ginurse, that's just great! Now, you see, you ARE going to be fine! That monkey will be off your back before you know it--and REVOKE that wage assignment with HR, OK??
Good luck to you!

I made my first payment to Langhorne. Just got in a fight with CTS regarding the wage assignment. I was "chatting" with an operator, who said "Wage Assignment is executed if you were to default on the loan and we were unable to contact you, our client has the right to garnish your wages through your employer. Digitally sign the Wage Assignment by scrolling down and typing in your first and last name in the boxes indicated. Please ensure that the name you are entering, matches what is on file. Click 'Continue'.
Verwinda: Wage Assignment is executed if you were to default on the loan and we were unable to contact you, our client has the right to garnish your wages through your employer." That was take straight from the wage assignment on their site. I have faxed to them (it's showing under my account" and gave a copy to my office manager (payroll). I am actually whistling:) but still nervous about CTS. I do not want to look totally ignorant infront of the people I work with.

our client has the right to garnish your wages through your employer.

Not if YOU revoke it. Wage assignment is voluntary and can be revoked at any time. You're doing a GREAT job. :)

I agree with the other posting and may I add that you may want to see if they can use that "wage assignment" In some states the only way they can attach your wages is for Child Support, Federal Taxes, State Taxes and Student Loans.